Alaska Gov. Sean Parnell on Monday met with Korea Gas Corp. (Kogas) CEO Kangsoo Choo in Juneau to talk up the idea of exporting liquefied Alaska natural gas to Asian markets. The meeting was a follow-up to when the two met in September and other talks between Natural Resources Commissioner Dan Sullivan and other Kogas officials.

“These efforts are critical because an Alaska project must compete with other large-scale LNG projects under development around the world,” Parnell said. “We have stability and reliability working in our favor, and a vast untapped supply, yet we must remain aware of proposed projects in other areas with access to the Pacific Rim.”

Kogas is the world’s largest LNG buyer, operating three LNG terminals and pipelines to supply gas to power plants, gas utilities and other buyers. The company has partnerships in LNG projects and producing fields around the world.

Parnell is trying to stir up LNG buyer interest in a large-scale Alaska LNG project. Alaska’s major oil/gas producers and TransCanada Corp. are working on a project to commercialize the North Slope’s gas reserves, focusing on LNG exports from tidewater in Southcentral Alaska (see Daily GPI, Oct. 5).

Alaskan LNG would be in competition with potential exports from western Canada and the United States. However, Australia is another, and perhaps the most significant, competitor (see Daily GPI, Oct. 19; Sept. 17).

Parnell first met Choo during a trade mission to the Republic of Korea and Japan to promote Alaska LNG export opportunities (see Daily GPI, Sept. 26).

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